Mindax (ASX:MDX) Accounts Payable & Accrued Expense : A$1.61 Mil (As of Dec. 2023)

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What is Mindax Accounts Payable & Accrued Expense?

Mindax's quarterly accounts payable & accrued expense increased from Dec. 2022 (A$0.25 Mil) to Jun. 2023 (A$0.27 Mil) and increased from Jun. 2023 (A$0.27 Mil) to Dec. 2023 (A$1.61 Mil).

Mindax's annual accounts payable & accrued expense declined from Jun. 2021 (A$0.40 Mil) to Jun. 2022 (A$0.36 Mil) and declined from Jun. 2022 (A$0.36 Mil) to Jun. 2023 (A$0.27 Mil).

Mindax Accounts Payable & Accrued Expense Historical Data

The historical data trend for Mindax's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mindax Accounts Payable & Accrued Expense Chart

Mindax Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Accounts Payable & Accrued Expense

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1.49

0.40

0.36

0.27

1.59

Mindax Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															0.36	0.25	0.27	1.61	1.59

Mindax Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

Mindax Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mindax Ltd (ASX:MDX) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

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Address

17 Ord Street, Suite 3, Level 1, West Perth, Perth, WA, AUS, 6005

Website

http://www.mindax.com.au

Mindax Ltd is an Australia-based company engaged in gold and iron ore exploration and production company. It is focused on deposits characterized by higher grades of gold mineralization. The projects of the company include Mt Forrest Project, Meekatharra North, and Other Projects. Its segments are Gold (comprising the Meekatharra Project); and Iron Ore (comprising the Mt Forrest Project).

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